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1441 NW 4th, 
Redmond, OR 97756

$6,300,000

—

Bed

—

Bath

18,862

Sq Ft

Multi-Family

Active

Listed by

Johnny Taylor Champa

Cascade Hasson Sir

541-383-7600

Last updated:

January 8, 2026, 07:57 PM

MLS#

220213493

Source:

OR SOMLS

About This Home

1441 NW 4th

Red Cedar Apartments — offered at a 5% cap rate — is a newly built, 20-door multifamily asset in North Redmond designed for low-maintenance, ''set-it-and-forget-it'' ownership. The community features four buildings on four separate tax lots, allowing optional future sale of buildings individually. Two of the buildings each include 2 apartments + 2 studios, and two of the buildings each include 3 apartments + 3 studios, for a total of 20 rentable units. Townhome-style residences are paired with ground-level studios, appealing to multiple renter profiles. Fully leased and professionally managed, the property delivers consistent cash flow with tenants paying all utilities, lowering owner expenses. A modern, clean, new-construction investment offering durable income and flexibility.

Home Facts

Multi-Family

Built in 2023

Price Summary

6,300,000

$334 per Sq. Ft.

MLS #:

220213493

Last Updated:

January 8, 2026, 07:57 PM

Added:

11 day(s) ago

Rooms & Interior

Interior

Living Area:

18,862 Sq. Ft.

Structure

Structure

Architectural Style:

Contemporary

Building Area:

18,862 Sq. Ft.

Year Built:

2023

Lot

Lot Size (Sq. Ft):

30,056

Finances & Disclosures

Finances

Price:

$6,300,000

Price per Sq. Ft:

$334 per Sq. Ft.

Source:OR SOMLS
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.